In The News
The Finesse Job that Kept Broadway Financial Out of Bankruptcy
by American Banking, January 28, 2014
Broadway Financial (BYFC) has confronted just about every problem a small bank can face, including credit woes, consent orders and erroneous financial statements.
By pulling off a difficult rescue, the Los Angeles company has shown its resiliency while proving that it is possible for a troubled bank to get creditors to agree to a complex restructuring — without resorting to bankruptcy. Read More ...
Broadway Federal Bank is a community bank providing friendly and personal service. We're an equal opportunity employer with 59 full-time employees, three convenient branches, an administrative office and approximately $345.5 million in total assets as of June 30, 2013. Broadway Federal is a wholly owned subsidiary of Broadway Financial Corporation, a publicly traded company on the NASDAQ Small-Cap Market under the symbol "BYFC."